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Iran ‘stops oil exports’ to UK and France
Move follows EU decision to stop importing crude from Iran from July 1 over its disputed nuclear programme.
Iran has stopped selling crude to British and French companies, the oil ministry has said, in a retaliatory measure against fresh EU sanctions on the Islamic state’s lifeblood, oil.
"Exporting crude to British and French companies has been stopped … we will sell our oil to new customers," spokesman Alireza Nikzad was quoted as saying on Sunday by the ministry of petroleum website.
The European Union in January decided to stop importing crude from Iran from July 1 over its disputed nuclear programme, which the West says is aimed at building bombs. Iran denies this.
Iran’s oil minister said on February 4 that the Islamic state would cut its oil exports to “some” European countries.
The European Commission said last week that the bloc would not be short of oil if Iran stopped crude exports, as they have enough in stock to meet their needs for around 120 days.
Graphic: Destinations of Iran’s oil exports

Iran ‘stops oil exports’ to UK and France

Move follows EU decision to stop importing crude from Iran from July 1 over its disputed nuclear programme.

Iran has stopped selling crude to British and French companies, the oil ministry has said, in a retaliatory measure against fresh EU sanctions on the Islamic state’s lifeblood, oil.

"Exporting crude to British and French companies has been stopped … we will sell our oil to new customers," spokesman Alireza Nikzad was quoted as saying on Sunday by the ministry of petroleum website.

The European Union in January decided to stop importing crude from Iran from July 1 over its disputed nuclear programme, which the West says is aimed at building bombs. Iran denies this.

Iran’s oil minister said on February 4 that the Islamic state would cut its oil exports to “some” European countries.

The European Commission said last week that the bloc would not be short of oil if Iran stopped crude exports, as they have enough in stock to meet their needs for around 120 days.

Graphic: Destinations of Iran’s oil exports

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